By Coulter Regal, CFA Associate Product Manager In November, The Moat Index outperformed the S&P 500 by more than 300 bps due to strong stock selections, with Etsy Inc., Boeing Co., and Lam Research Co. as the top contributors for the month. Despite another 75 basis point rate hike by the Federal Reserve, U.S. equity [...]
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By Kevin Flanagan Head of Fixed Income Strategy Follow Kevin Flanagan @KevinFlanaganWT While 2022 was arguably one of the worst, if not actually the worst, years for the U.S. bond market in modern history, a silver lining has emerged. Indeed, with yield levels surging across the asset class spectrum, one could conclude that a semblance of ‘normalcy’ has returned to the fixed [...]
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Fran Rodilosso Head of Fixed Income ETF Portfolio Management VanEck’s Fran Rodilosso recently joined Bloomberg Real Yield to discuss inflation, the Fed and the positive outlook for fixed income investors heading into 2023. No Easy Path for the Fed As we look ahead to 2023, the Federal Reserve (Fed) has the challenging task of trying to [...]
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By Natalia Gurushina Chief Economist, Emerging Markets Fixed Income Institutional checks and balances allowed to avoid extreme price and policy outcomes in Peru and Brazil. But extreme inflation surprises keep coming. LATAM Politics Very often when we talk about institutional frameworks in emerging markets (EM), it is in a context of their weakness, which can lead to [...]
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Over the past 12 months, global container shipping rates have steadily declined to their long-term averages as supply chain snarls have receded and backups at ports have disappeared. Now, another segment of the cargo shipping industry is seeing day rates explode to record highs. So-called dirty tankers, those that carry crude oil, are charging over $100,000 [...]
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By Naomi Zimmermann Product Analyst While the terms “net zero” and “carbon neutral” are both focused on neutralizing emissions, net zero is expanded in scope and implications. Neutralizing emissions, or being “neutral,” refers to the amount of emissions that are emitted being equal to those being removed from the atmosphere (amount out = amount “in”). Emissions [...]
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Europe is going through it this year, from the return of a major land war on the continent for the first time in decades to a burgeoning energy crisis. So it would make sense for investors to look elsewhere, right? Don’t be too hasty, as a strong run of corporate sales and EPS beats may [...]
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President Joseph R. Biden visited the site of Taiwan Semiconductor Manufacturing Co.’s new Arizona plant earlier this week, where TSMC plans to build a second factory and increase its investment to $40 billion. “As the semiconductor manufacturing has truly become vital to the modern economy, there has been a growing consensus to revitalize semiconductor manufacturing [...]
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Gold’s shine may have dulled a bit in 2022, but precious metals have not lost their luster. Despite rising interest rates and a historically strong dollar, gold has managed to stay competitive against traditional safe-haven government bonds and other asset classes. In the upcoming webcast, Could Gold Be Poised for a Comeback In 2023?, Frank [...]
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In trading on Friday, shares of the First Trust Nasdaq Oil & Gas ETF (Symbol: FTXN) entered into oversold territory, changing hands as low as $26.39 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator u
In trading on Friday, shares of the First Trust Materials AlphaDEX Fund ETF (Symbol: FXZ) crossed below their 200 day moving average of $63.00, changing hands as low as $62.90 per share. First Trust Materials AlphaDEX Fund shares are currently trading down about 0.7% on the da
As we consider the current bond market trends, investors can turn to actively managed bond ETF solutions that could be better suited in a more volatile environment. In the recent webcast, Active Fixed-Income Answers to Tight Monetary Policy, Andrew McCormick, head of fixed income at T. Rowe Price, helped paint the picture of a slowing [...]
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The latest producer price index preceded Treasury yields rising on Friday. According to CNBC, yields on the two-year Treasuries are currently at around 4.323%, while yields on the five-, 10-, and 20-year Treasuries are 3.753%, 3.564%, and 3.804%, respectively. According to the PPI, prices increased 0.3% for the month and 7.4% from a year ago. [...]
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Volatility’s been the name of the game this year, ever since Russia invaded Ukraine and the spectre of inflation became a serious, material threat to the global economy. Investors would rightly want to avoid the storm clouds of recession and high rates for as long as possible next year, and may want to consider how [...]
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An equal weight strategy’s inherent factor tilt toward small-size companies has led to the methodology’s impressive outperformance year to date — but the methodology is also paying off during longer periods of time. The ALPS Equal Sector Weight ETF (EQL) uses an equal weight methodology but with a unique twist: equal weighting by sector, rather than individual [...]
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With the holiday season arriving, the time to shop both on and offline is here just in time for investors to begin to plan their 2023 portfolio. Challenges certainly loom in the new year, but an interesting buy-low opportunity is also available in Block, Inc. (SQ), which may be more resilient than it looks, and [...]
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U.S. Treasury yields rose Friday after the Labor Department posted that wholesale prices went up in November. The producer price index, which measures how much companies pay for their products in the pipeline, went up 0.3% for the month and 7.4% from a year ago. Excluding food and energy, core PPI was up 0.4%. Core [...]
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The outlook for emerging markets is bright, particularly for longer-term investors able to capitalize on the current discounted valuations. Investors with an intermediate- to longer-term perspective will benefit from allocating to a China-focused, Asia, or broad emerging markets ETF while these funds are still trading at a discount. These regions are poised for continued growth as [...]
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The First Trust Dorsey Wright International Focus 5 ETF is seeing unusually high volume in afternoon trading Friday, with over 1.5 million shares traded versus three month average volume of about 41,000. Shares of IFV were down about 0.2% on the day.
In trading on Friday, the Junior Gold Miners ETF is outperforming other ETFs, up about 1.2% on the day. Components of that ETF showing particular strength include shares of Torex Gold Resources, up about 10.5% and shares of Gatos Silver, up about 5% on the day.